Paraguayan plans

The authorities in Paraguay have agreed a funding package with the Latin American Development Bank (CAF) for a series of infrastructure projects in the country. The funding comes in the shape of a US$222 million loan and this is the first time that the CAF has approved funding of this size for the country. This will provide partial funding for the Programme for the Improvement of Integration Corridors and Road Reconstruction.
April 7, 2014 Read time: 1 min
The authorities in Paraguay have agreed a funding package with the Latin 4900 American Development Bank (CAF) for a series of infrastructure projects in the country.

The funding comes in the shape of a US$222 million loan and this is the first time that the CAF has approved funding of this size for the country. This will provide partial funding for the Programme for the Improvement of Integration Corridors and Road Reconstruction. Projects included in this include resurfacing of a 73km section of road in Neembucu department, a 100km stretch of road in Canindeyu department and surfacing and reconstruction of a 237km stretch of Route No 9 from Mariscal Estigarribia-La Patria-Infante Rivarola in Boqueron. According to Paraguay’s Ministry of Works, the country requires an annual investment in infrastructure of some $1-1.2 billion.

For more information on companies in this article

Related Content

  • Kenya develops annuity road funding model
    May 8, 2015
    Kenya is introducing novel methods for funding its necessary road infrastructure development - Shem Oirere writes. Kenya has unveiled a new financing model for road construction and reviewed its design standards and construction methodologies, which forms part of a new strategy for the East African country. Under this new plan Kenya is planning to upgrade 10,000km of road, with these links featuring asphalt surfacing; the work being carried out over the next five years at a cost of US$2.8 billion. Despite t
    Read More
  • Preventive maintenance - preserving pavements
    February 14, 2012
    In the first article of a three-part series on preventive maintenance, Alan S. Kercher, of Kercher Engineering, highlights the value to road agencies of a properly implemented pavement preservation programme For many road agencies, the budget for maintenance, rehabilitation and reconstruction (MR&R) of their roads is focused mainly on the pavements that are in the worst condition. In the short term, this common approach may seem very logical. However, when focused on expensive structural improvements,
    Read More
  • Loans will help fund Kazakhstan road project
    May 16, 2013
    The International Bank for Reconstruction and Development (IBRD) is providing an infrastructure loan that will help fund a key road project in Kazakhstan. A major portion of this funding will be used to construct a key 79.5km portion of the new international transit corridor connecting Western Europe with Western China. The US$1.07 billion funding package is being provided by the IBRD for 19 years with a five-year grace period and the deal was agreed between the IBRD and the Kazakhstan Government. Further
    Read More
  • Sri Lanka's new highway - on track
    February 14, 2012
    Work is progressing on-track on Sri Lanka's Southern Expressway project. This will be the country's first expressway and is expected to be completed by 2012, removing the bulk of traffic from the existing coastal road that is highly congested and also has serious safety issues.
    Read More

Highlighted Content